Resona Asset Management Co. Ltd. Grows Position in iShares MBS ETF $MBB

Resona Asset Management Co. Ltd. grew its holdings in shares of iShares MBS ETF (NASDAQ:MBBFree Report) by 97.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 128,832 shares of the company’s stock after purchasing an additional 63,698 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in iShares MBS ETF were worth $12,233,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Brighton Jones LLC purchased a new position in iShares MBS ETF in the 4th quarter valued at approximately $273,000. AQR Capital Management LLC lifted its position in shares of iShares MBS ETF by 11.4% during the first quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock worth $950,000 after acquiring an additional 1,034 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of iShares MBS ETF by 13.0% in the first quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock worth $35,521,000 after acquiring an additional 43,527 shares during the period. Invesco Ltd. boosted its holdings in shares of iShares MBS ETF by 2.5% in the second quarter. Invesco Ltd. now owns 11,446 shares of the company’s stock worth $1,075,000 after acquiring an additional 279 shares during the period. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares MBS ETF in the second quarter worth $240,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ MBB traded down $0.10 during mid-day trading on Friday, hitting $93.72. The company had a trading volume of 1,694,893 shares, compared to its average volume of 2,569,762. iShares MBS ETF has a 1 year low of $92.40 and a 1 year high of $96.96. The stock’s 50-day moving average price is $94.26 and its 200-day moving average price is $95.02.

iShares MBS ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.3373 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

About iShares MBS ETF

(Free Report)

iShares MBS ETF (the Fund), formerly iShares Barclays MBS Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results, which correspond to the price and yield performance of the Barclays Capital U.S. MBS Index (the Index). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).

Recommended Stories

Want to see what other hedge funds are holding MBB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MBS ETF (NASDAQ:MBBFree Report).

Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

Receive News & Ratings for iShares MBS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MBS ETF and related companies with MarketBeat.com's FREE daily email newsletter.